The purpose of this paper is to give a clearer understanding to the reader about the amplifications of the Kyoto Protocol. Since the protocol has not yet come into force, much of the information documented in this paper is prediction, possible bias or unproven theory and nothing will be certain until the protocol has been through all the necessary steps. The Kyoto protocol, with or without support from the United States, will affect short-term global …
showed first 75 words of 2236 total

showed last 75 words of 2236 total
…a much needed global awareness and significant press coverage to the issue, that otherwise would not have been present. The U.S withdrawal could also make international trade credits much cheaper than previously thought - $11 (US) instead of $40 per tonne of carbon dioxide had the Americans still been in the emissions market (U.S. exit seen cutting Kyoto costs; Lily Nguyen; Globe and Mail march 16, 2002). The biggest buyer has effectively exited the market, lowering demands.